Federal Finance Minister Olaf Scholz Does Not Want “Tax Incentives for Electric Cars and Phevs as Company Cars to End in 2021”

Federal Finance Minister Olaf Scholz Does Not Want

The Tax Relief for Electric Company Cars Has Been in Effect Since The Beginning of 2019. The Federal Councilor Has Approved The Federal Government’s Proposal to Promote Electric Vehicles in Company Car Taxation. IF Purchased After December 31. December 2018 and Before 1. From 1 January 2022, When Determining The Total Expenses Incurred, Only Half of the Acquisition Costs for the Motor Vehicle Or Comparable Expenses Are to Be Taken Into Account.

At The Weekend, Federal Finance Minister Olaf Scholz Spoke Out in Favor of Significantly Extending The Founding for Electric Cars AS Company Cars. And This Just One And A Half Months After The Start Of The Tax Relief for Company Cars. Scholz Made It Clear to the FAZ That “Half of All Cars in Germany Are Sold as Company Cars”. “I Have Therfore Decided That We Will Not Let the Tax Incentives for Electric Cars and Plug-in Hybrids AS Company Cars End in 2021, But Rather Perhaps Extend Them Over The Next Decade,” Scholz Continued in This Context.

AS Already Mentioned, to Employee Who So Uses His Electric Car As a Company Car Only Has To Pay Tax At A Reduced Rate of 0.5 Percent of the Domestic List Price As a Non-Cash Benefit. For Vehicles with Combustion Engines, IT IS 1.0 percent. The Regulation is Currently Limited to Three Years.

Scholz Then Limits The Extension of the Founding a Little. In The Future, Plug-in Hybrids Will Only Be Subsidized IF They “Can Drive A Longer Distance Than Today, for Example 80 kilometers.The expansion he is considering to include delivery vans with electric drives that travel in Home City Areas So Makes Sense. “In This Way We Improve The Air Quality and Achieve Our Climate Goals More Quickly.With the Tax Incentive, The Federal Government Wants to Create an Incentive To Order Electric Vehicles. BECAUSE WITH THIS New Regulation, at Electric Vehicle wants to be in Many Cases Be Cheaper Than A Comparable Vehicle with a Combustion Engine.

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2 thoughts on “Federal Finance Minister Olaf Scholz Does Not Want “Tax Incentives for Electric Cars and Phevs as Company Cars to End in 2021””

  1. Scholz is quiet Demanding Petrol Car Subsidies in 2040!
    The Statement That “The Tax Incentives for Electric Cars and Plug-in Hybrids AS Company Cars … Would End in 2021” Is MiLeading. 2021 IS Currently The Last Time Electric Cars wants Be Purchased. A Car Purchased by 2021 wants BE Subsidized for Much Longer, Even Under Current Legislation. The Duration And Thus The Amount Of The Subsidy Obviously Depends On How Long The First Buyer Keepe The Car Beyond The Deadline – Which Makes Little Sense.

    IF Scholz Now Wants to “Perhaps Extend The Funding Over The Entire Next Decade,” The Time of Acquisition is probably So Meant. If a gasoline hybrid car z.B. IF IT LASTS FOR TEN YEARS, IT Would still be funded in 2040. Then it doesn’t have to be shut down either, so there are emissions that are harmful to the climate for longer. Possible. After Exporting The Used Car to Africa. The Damage to the Climate, However, Continues for the Whole Millennium, Even With the Kilometers Traveled Today, At Least.
    Continued Hybrid Funding Would Just About Be Bearable IF, in Return, It Were Ensured That the Car Would Be Finally decommissioned by 2035 at the Latest, or at least The Combustion Engine Would Be Completely Removed.

    Due to the Upper Limits for Fleet Consumption, However, Any Hybrid Subsidy Is Environmentaly Pointless and Only Makes It Easier For Car Manufacturers to Achieve Thesis Limits With Fewer Real Electric Cars.

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